National Business

SIOUX FALLS, S.D. (AP) — The South Dakota attorney general's office has declined to file charges against billionaire T. Denny Sanford following an investigation into possible possession of child pornography, according to court documents filed Friday.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,748.58, up 216.40 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $1.10, or 2.2 per cent, to $51.66 on 20.4 million shares.

TORONTO — A report showing that U.S. inflation slowed a bit last month caused North American stock markets to rally strongly into the weekend. The S&P/TSX composite index closed up 216.40 points to 20,748.

Canopy Growth Corp.'s shift toward premium cannabis helped the company report a smaller quarterly loss compared with a year ago, but it wasn't enough to prevent a 25 per cent drop in revenue. The Smiths Falls, Ont.

EDMONTON — Aurora Cannabis Inc.'s share price fell by about 40 per cent, after the company announced it sold US$150 million worth of shares. The Edmonton marijuana company's share price was $3.

NEW YORK (AP) — Technology companies led a broad rally for stocks Friday as Wall Street notched its best week in 18 months. The gain broke a seven-week losing streak for the market, the longest such stretch since 2001. The S&P 500 rose 2.

CALGARY — The rising price of oil may grab most of the headlines, but another commodity — natural gas — is on an even wilder ride and expected to hit fresh heights this summer.

MONTREAL — National Bank of Canada beat expectations in its latest quarter as it prepares to navigate through a more uncertain economic environment.

Some of Canada's independent telecom companies say the federal government is putting too much faith in the country's regulator to foster competition in the telecom sector and ensure internet and wireless services are more affordable.

DUBAI, United Arab Emirates (AP) — Iran's paramilitary Revolutionary Guard seized two Greek oil tankers on Friday in the Persian Gulf, just after Athens assisted the U.S.